chrisviny thats fine mate.
This is really good news though. They have raised enough cash to fund the expansion of both the RC drilling and also Diamond drilling in October.
This will be seen as confidence from management that they believe the SP will be a lot higher come the next placement. Management could of ensured they had plenty more cash at bank and diluted the register but thats something they want to avoid.
Very happy atm. I'll be locking away my holding.
placement, page-18
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